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Stock impact report

Top 20 Textile Importing Countries in 2024 [Yahoo! Finance]

Ralph Lauren Corporation (RL) 
Last ralph lauren corporation earnings: 2/4 08:01 am Check Earnings Report
US:NYSE Investor Relations: investor.ralphlauren.com
Company Research Source: Yahoo! Finance
A Look at the Global Textile Market The global textile sector is a diverse and crucial industry that encompasses the production, processing, and distribution of fibers, yarns, fabrics, and finished textile products. It plays a vital role in clothing, furnishing, and industrial applications, impacting a wide range of industries and shaping consumer trends worldwide. According to a report by Grand View Research, the global textile market was estimated to have reached a value of $1.83 trillion in 2023. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030 to reach a value of $3.04 trillion by the end of the forecast period. The growing clothing and apparel demand from the fashion industry is a key trend creating a positive outlook for the market. Online shopping platforms are making apparel and textiles more accessible, leading to increased global demand. The ever-changing fashion trends and the emergence of online fast fas Show less Read more
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